The Northern Ireland Executive revealed today it is to spend £18 billion over the next 10 years on key projects.
The power-sharing executive vowed three-quarters of those jobs will be high value - with salaries above the average of the local private sector.
The pledge was contained in an ambitious programme for government that also included promises to invest over £500 million in regenerating disadvantaged communities, neighbourhoods and cities by 2012.
The programme also pledged to increase by 90,000 the number of adult learners achieving a qualification in literacy, numeracy and information technology by 2015.
Among the other pledges the executive made were:
Plan and start work on a rapid transit line for the greater Belfast area by 2011 as well as improved rail services;
Build 10,000 new social housing units over the next five years.
Halve the private sector productivity gap with the UK average outside the south east by 2015;
Increase the employment rate from 70 to 75 per cent by 2020;
Bring the number of tourists visiting Northern Ireland annually from 1.98m to 2.5m;
Reduce the number of children killed or seriously injured on the roads by half by 2012;
Overhaul the planning system by 2011 and deliver a new sewer system for central Belfast by 2010.
The programme for government was unveiled by First Minister Ian Paisley and Deputy First Minister Martin McGuinness.
The executive is will spend £18 billion over the next 10 years into key projects, with a front-loading of £5.6 billion in spending in the first three years. The money being spent in the first three years represents at 25 per cent jump in infrastructure spending than in the last three years of direct rule.
The dossier also said ministers would review the number of government departments and the structures and powers of local authorities by 2011. It pledged a single telephone contact point for public services by 2009.
There will also be investment in a high-quality waste and waste-water system meeting EU requirements, the budget promised.
A regional network of health care facilities has been envisaged as part of a £3.5 billion package also boosting acute hospitals.
A total of £100 million is to be invested in sports facilities by 2011 to ensure a legacy from the 2012 London Olympics and Paralympic Games.
A reduction of Northern Ireland's carbon footprint by 2025 has been promised by the executive together with measures to ensure 12 per cent of electricity is generated from indigenous renewable sources by 2012.